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Tuesday, July 8, 2008
Subhechha's shares oversubscribed
Subhechha Bikash Bank Ltd. has received applications for its shares worth Rs. 783 million during its Initial Public Offering (IPO). The company issued 120000 number of shares worth Rs.12 million. For this 65449 people dropped their application worth Rs. 783 million hence oversubscribing the offering by 65 times.
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